Credit Risk & Reserve Analyst

Overview

Federal Reserve Bank of Dallas – Credit Risk and Reserves Analyst

We are dedicated to serving the public by promoting a strong financial system and a healthy economy for all. This role supports the Condition Monitoring, Discount Window Lending, Collateral Administration, and Reserves functions in the Credit, Risk, and Reserves Management (CRRM) Department. The position reports to the Director of Condition Monitoring and Risk Management in the CRRM Department.

Location:

Onsite. If you need assistance or a reasonable accommodation, please notify your Talent Acquisition Consultant.

• Under moderate to limited guidance, perform routine to complex operational and analytical duties in the assigned area of responsibility.
• Perform financial analysis on the condition of District depository institutions, including analysis of capital, asset quality, management, earnings performance, and liquidity; analyze other business entities to determine counter-party risk to the Reserve Bank.
• Analyze account access and financial services requests from eligible institutions in the District.
• Evaluate new and existing accounts relationships to determine risks to the Reserve Bank, payment system, and financial stability.
• Prepare assigned work products, including risk assessments, account reviews, analysis of depository institution self‑assessed net debit caps, and other correspondence to institutions.
• Communicate with institutions regarding loan advances, payments, intraday credit, and account administration.
• Perform operational tasks related to the administration of accounts and payment system risk including problem institution resolution, account openings and closings, structure changes, institutional mergers, monitoring overdraft usage, applying charges, and counseling institutions.
• Assist with maintaining an effective control environment and ensuring compliance with applicable Federal Reserve rules, guidelines, and regulations.
• Coordinate with external governance partners during department effectiveness reviews (e.g., internal audit, financial statement audit, Board oversight).
• Participate in and occasionally lead projects, work groups, or committees at the department, Reserve Bank, and/or Federal Reserve System level.
• Prepare and deliver briefings, presentations, recommendations, and other communications for key internal and external stakeholders on matters impacting key business functions, internal applications, and policy issues.

• Bachelor's degree in Finance, Accounting, Economics, Business or related fields.
• 2–6 years of work experience focused on credit risk, collateral operations, financial analysis, payments, reserves or treasury operations, banking supervision and regulation, or related fields.
• General to intermediate knowledge of department operations, internal control frameworks (COSO/SOX), banking laws and regulations, and Federal Reserve policies and operating circulars.
• Experience with federal or state regulator roles is a plus.
• Strong analytical, critical thinking, and problem-solving skills; effective written and verbal communication; and ability to present to department and Reserve Bank leadership.
• Proficiency in information technology, security access provisioning, productivity software (Microsoft Office), data analytics, and applying AI concepts to business workflows.
• Effective project management, organization, and execution; strong interpersonal skills to collaborate with internal and external colleagues at similar or higher levels of responsibility.
• Equivalent education or experience may be substituted for any of the above.

Our total rewards program offers benefits that fit your career stage, including comprehensive healthcare options (Medical, Dental, Vision), 401(k) match with a fully funded pension plan, paid vacation and holidays, flexible work environment, transportation subsidies and free parking, tuition reimbursement, and professional development programs and conferences.

Travel up to 15% of time within the Eleventh District (Texas, New Mexico, Louisiana). This position requires access to confidential supervisory information…